Marriott Residences Dubai Business Bay is a 15-storey development by Fortune 5 Property Development LLC in Business Bay. The branded complex features 138 units, namely 1-2 bedroom apartments, and full floors.
Marriott Residences Dubai Business Bay is a 15-storey development by Fortune 5 Property Development LLC in Business Bay. The branded complex features 138 units, namely 1-2 bedroom apartments, and full floors. There are 10 units per floor in Marriott Residences Dubai Business Bay. The building and facilities will be managed by Marriott, which is the largest hotel chain in the world by the number of available rooms. Apartments, meanwhile, will be managed solely by their owners. The size of the properties ranges from 667 sq. ft. to 2,340 sq. ft. Each unit will come with branded white appliances by Alba or Bosch.
These units in Marriott Residences Dubai are offered for resale by current owners and handled by Metropolitan. Prices reflect the secondary market and differ from the original launch price.
These are just a few of the amenities available in this residence. To receive the full list of features and detailed information, please contact our agent — we will tailor the best option for your needs.
Pool Deck
Concierge Service
Gym
Grand Lobby
Valet Parking
Bbq Area
Meeting Rooms
Media Room
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Business Bay is a major commercial and residential district in central Dubai, developed by Dubai Properties as an extension of Dubai Creek. The area was launched in 2003 as part of a plan by Sheikh Mohammed bin Rashid Al Maktoum to create a new commercial centre for the city, with the vision of becoming the Manhattan of Dubai. The district covers approximately 64 million square feet and contains more than 240 towers, with Grade-An offices occupied by international companies, freehold apartments, serviced residences, hotels and branded residences. A section of the Dubai Water Canal runs through Business Bay, linking it with the Arabian Gulf.
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Marriott Residences Dubai Business Bay is being developed by Fortune 5 Property Development LLC.
The complex is located in Business Bay.
There are 1-2 bedroom apartments and full floors available for purchase.
The development is scheduled for completion in Q4 2024.
You can take advantage of a 60/40 payment plan, along with a 10% booking fee.
As of Q2 2023, the starting price for a 1-bedroom apartment amounts to AED 1.5M (USD 408K). A full floor can be acquired for approximately AED 20M (USD 5.4M).
Yes, you can become a UAE resident through real estate investment in Marriott Residences Dubai Business Bay. The length of validity of your visa will depend on the property value.
You can obtain a 2-year investor visa with a purchase of at least AED 750K (USD 204K), or a 10-year Golden vVisa for a minimum of AED 2M (USD 545K).
Any nationality is eligible to become a property owner in this development, thanks to it having freehold status.
Yes, it is a highly profitable investment, with an estimated ROI of 8-9%. You can resell your unit after paying only 20% of its total cost. As a property owner, you will be issued a Marriott Bonvoy loyalty card, which provides multiple privileges across participating hotels worldwide.
This is a great destination for businessmen and young professionals who wish to enjoy hotel facilities and stay in a private apartment with easy access to the city's best offerings.
Business Bay is famed for its well-developed social infrastructure. Within the area, there are many grocers, pharmacies and other facilities, including Shefaa Al Madeena Pharmacy, West Zone Fresh Supermarket, Gala Supermarket, Indigo Rent A Car, Maham Laundry & Dry Cleaning and more.
Metropolitan Premium Properties is a RERA-licensed real estate brokerage in Dubai (ORN 11899), part of the Metropolitan Group established in 2008. The agency has 1,000+ professionals across offices in Dubai, Abu Dhabi, Ras Al Khaimah, and Vienna, and covers residential and commercial sales, off-plan investments, rentals, and property management. The company has closed 6,000+ transactions totalling over AED 15 billion in investments and holds 120+ industry awards.
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